THAILAND

BoT moves to curb strengthening baht

News, Pathom Sangwongwanich, Published on 21/11/2020

» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.